Posted in renovation

Emery Center renovation underway as The Children’s Theatre plots purchase of historic concert hall

CINCINNATI — Construction on The Emery Center, one of downtown Cincinnati’s most historic buildings, could start in 2021. The Emery Center, which sits on Central Parkway between Walnut and Clay Streets, is currently made up of 59 apartments, Coffee Emporium, office space, and a long-dormant theater.

The apartments will be renovated in phases starting in January, but the theater’s $30 million renovation will take longer by up to the three and a half years, according to The Children’s Theatre of Cincinnati.

“In real estate, we call it ‘bricks and mortar,’ said the building’s new co-owner, Chris Frutkin. “Well, there’s a lot of bricks and mortar in this building. It just goes on and on and on, [there are] whole rooms we had no idea existed.”

Emery Theatre from stage

Terry Helmer

The Emery Theatre will require about $30 million in renovations before it becomes the home of The Children’s Theatre of Cincinnati.

Frutkin, of

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Posted in home

Considering a home purchase in retirement? Here’s how to get a mortgage

  • While home prices continue to climb upward, the average interest rate on a 30-year mortgage is low by historical standards: just below 3%.
  • If your tax returns don’t show enough income to qualify for a mortgage, you might be able to temporarily tap your retirement account to prove you can afford the loan.
  • Another option may be to qualify based on assets in that account, or explore “pledging assets” to make the purchase.



a man standing in front of a building


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If you’re retired and are thinking about downsizing or relocating, and it involves buying a home, you might want to look into how you would finance it.

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You may discover that qualifying for a mortgage is different from the last time you bought a house. Not only have lenders tightened credit during the coronavirus pandemic, retirees generally have left a steady paycheck behind.

It can be tricky for retirees to get

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Posted in home

A Roth IRA may help fund your home purchase. Here are the pros and cons

  • Your direct contributions to a Roth IRA can be withdrawn at any time for any reason.
  • If you meet certain requirements, you can also use up to $10,000 in earnings toward the purchase of a home without facing taxes or penalties.
  • While home prices continue climbing, the cost of borrowing is relatively cheap due to historically low interest rates.



a person standing in front of a building


© Provided by CNBC


You probably know a Roth individual retirement account is one way to save for your post-working years. 

It also may come in handy for certain homebuyers.

Basically, up to $10,000 in Roth IRA earnings can be withdrawn — free of both taxes and penalty — for a home purchase if you meet certain requirements. That’s in addition to being allowed to withdraw your direct contributions at any time, because you already paid taxes on that money.

As home prices continue their upward trajectory, the amount of

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Posted in home remodeling

KNOWLEDGE CENTER: How to choose the right loan to remodel your home, make a large purchase or consolidate debt | Business

With so much talk around home buying and refinance rates driving the housing market this summer and fall, many want to capitalize on the low rates. Homeowners are choosing to make improvements to their existing houses to accommodate remote working and schooling, or other comforts to gain more living space.

There are great options for homeowners with projects of any size, from a small kitchen facelift to finishing basements or attics to make them livable areas. Other homeowners who have equity in their homes but don’t need to renovate may choose to consolidate debt or make a large purchase.

Are you looking to renovate your home? Happy with your home but interested in a boat, RV or debt consolidation?

Here are some financing options to consider.

Home Equity Loan

Looking for predictable, fixed payments and the flexibility to use your home’s equity in a variety of ways? If you answered

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Continue Reading KNOWLEDGE CENTER: How to choose the right loan to remodel your home, make a large purchase or consolidate debt | Business